NJ corporation offers cell tower in Millbrook

After receiving a brief proposal for the construction of a cell tower in Millbrook, the Village Board reviewed materials from Capital Telecom and decided more information was necessary before the village could consider the idea.

The New Jersey-based corporation develops commercial and retail properties and constructs and leases cell towers. Telecom proposed constructing a tower on a village-owned 60 by 60-foot parcel with a 15-year lease.

Under the proposal, the village would receive $1,000 per month, rent would increase by three percent per year, and the lease would come with a five-year option. The tower would take six to 12 months to construct and come at no cost to the village. 

This is an excerpt from an article in this week's issue. For the full story please see the newspaper.